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re: Question for the stock guru’s on Amazons 20/1 split tomorrow?
Posted on 6/6/22 at 8:11 am to Porker Face
Posted on 6/6/22 at 8:11 am to Porker Face
Only difference is that if it drops 10%, more investors can buy in without adding a huge percentage to their investment mix.
I didn't like Amazon being my second biggest holding dollar wise. Now i can add a little on dips without pumping a lot of dollars in it at once.
That's the value of the split.
I didn't like Amazon being my second biggest holding dollar wise. Now i can add a little on dips without pumping a lot of dollars in it at once.
That's the value of the split.
Posted on 6/6/22 at 8:18 am to Brandonthepotato
I except a small run after the split and then a decent size drop. Big investors will sell a make a little profit.
Posted on 6/6/22 at 6:32 pm to Tarps99
quote:
But over time those 20 nickels will either grow larger or shrink into something smaller.
Very true… and same as the $1 bill.
Posted on 6/6/22 at 7:04 pm to Brandonthepotato
Equal
So why split?
Price per share is more affordable to more investors and will result in more volume sold.
So why split?
Price per share is more affordable to more investors and will result in more volume sold.
Posted on 6/7/22 at 1:20 am to Brandonthepotato
Just read this article and remembered this thread...
Bloomberg article
quote:
Stock splits are usually a sign of optimism,” said Mark Lehmann, chief executive officer of JMP Group. “Very few companies split their stock in anticipation of things going poorly. It’s an example of what’s reflected in the entire market.”
Bloomberg article
This post was edited on 6/7/22 at 1:23 am
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